Market Data and Economic Indicators Weekly Performance Jun 12, 2020 Jun 05, 2020 PKR InterBank 164.2461 163.3011 KSE100 Index 34,611.23 34,350.42 Avg Daily Volume 225,565,479 156,369,652 Gold (Karachi) Rs/10 gm 84,191 83,676
June 14, 2020 (MLN): The latest weekly roundup is here to synthesize the events of the last week as well as to update the financial and economic data releases as they provide a
June 14, 2020 (MLN): The total amount for External Receipts in the federal budget for FY21 are estimated at Rs 2.22 trillion, shows a decline of 2% over the revised estimates for budget
June 14, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.05% during the week ended Jun 11, 2020 while the SPI increased by 8.49% compared to the
June 12, 2020 (MLN): The total amount allocated for Total Capital Receipts, which is the sum of Recoveries of Loans & Advances and Capital Receipts, in the Federal Budget for the Fiscal Year
June 13, 2020 (MLN): The much-awaited budget FY2020-21 was announced yesterday, with Rs 209 billion enacted towards subsidy, marking a decrease of 40% and 24% from the revised estimates and actual budget figures
June 13, 2020: Adviser on Finance Hafeez Sheikh has said the budget for next fiscal year is focused to cope with the impacts of Covid-19 and provide relief to the masses. He was
By Asad Rizvi June 13, 2020 (MLN): I don’t want to comment on BUDGET FY21window dressing strategy, because when the economy is unable to generate income and is fragile for years, it keep
June 12, 2020 (MLN): The total outlay for the net revenue receipts, which is a component of internal resources, has been set at Rs. 3.69 trillion, i.e. around 6.6 percent as compared to
June 12, 2020 (MLN): The tax revenue target for the fiscal year 2020-21 is Rs 5464 billion, framing the COVID-19 situation and its subsequent impacts on the battering economy. To set the target
June 12, 2020 (MLN): The total outlay for overall government expenditure during FY21 has been set at 7.23 trillion, out of which the amount for current expenditure is Rs 6.34 trillion, shows detailed
June 12, 2020 (MLN): Minister of Industries and Production, Mr. Hammad Azhar has begun the presentation of budget for Fiscal Year 2020-21 in the federal cabinet session, under the presidency of the Prime
June 12, 2020 (MLN): The size of Public Sector Development Programme (PSDP) for 2020-21 has been set at Rs1.3 trillion, shows PSDP document issued by Ministry of Planning, Development and Special Initiatives. Out
June 12, 2020 (MLN): Minister for Science and Technology, Chaudhry Fawad Chaudhry has announced that Pakistan’s first COVID testing kit has been approved by the Drug Regulatory Authority of Pakistan (DRAP). Taking to his
Jun 12, 2020: European stock markets sank further at the open on Friday, with London hit by news that the UK economy collapsed in April due to the coronavirus lockdown. In initial deals,
June 25, 2019: China’s Vice Foreign Minister Luo Zhaohui met with the outgoing Pakistan Ambassador to China, Masood Khalid and evaluated his contribution for promoting China-Pakistan relations. According to a statement issued by Chinese Foreign
June 25, 2019: Federal Board of Revenue (FBR) has issued instructions that all the Customs field offices will remain open and observe extended working hours till 10:00 pm on 29th and 30th June for collection
Jun 24: Prime Minister Imran Khan Monday said that the government would not extend the deadline of the tax amnesty scheme ending on June 30, 2019 and appealed to the people to declare their assets
Jun 24: Official Spokesperson and Adviser, Ministry of Finance, Dr. Khaqan Hassan Najeeb on Monday said the macroeconomic stabilization was need of the hour for the economy and this federal budget 2019-20 gives the direction
June 24, 2019 (MLN): The Central Power Purchasing Agency Guarantee Limited (CPPA-G) has proposed an increase of Rs.0.215/kWh over the reference fuel charge i.e. Rs.5.0457/kWh for the month of May 2019. According to a notice
Jun 24: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Monday vowed to fully support the government to crackdown on tax-evaders for broadening the tax base and documentation of economy. “The decision taken
Jun 24, 2019: The exports of textile and its articles from the country witnessed increase of 2.17 percent during the first ten months of the current fiscal year compared to the exports of the corresponding
June 24, 2019 (MLN): Qatar is expected to extend a sum of $3 billion to Pakistan under direct investment, reported the state-run Qatar News Agency. As per these reports, the economic partnership between Qatar and
June 24, 2019 (MLN): Pakistan has been on the terrorism financing watchdog’s radar since June 2018, when it was placed on the FATF ‘grey list’ for terrorist financing and money laundering risks, arguing that Pakistan
June 24, 2019: Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has said all the prize bonds worth 40,000 rupees would be registered till 2020. Talking to a private news channel, he said the unregistered
June 23, 2019 (MLN): The outgoing week observed a series of different events that reveal the current standing of Pakistan's economy. To begin with, the activities recorded within equity market were not really cheer-worthy, as
Market Data and Economic Indicators Weekly Performance Jun 21, 2019 Jun 14, 2019 PKR InterBank 156.8316 155.8482 KSE100 Index 35,125.25 35,572.95 Avg Daily Volume 124,789,392 136,369,704 Gold (Karachi) Rs/10 gm 66,958 65,072 KIBOR 6M
Jun 22: Pakistan and Qatar Saturday agreed to take steps to enhance the bilateral cooperation in diverse areas including trade, energy, oil and gas exploration, besides tourism and defense. The bilateral ties were discussed during
June 21, 2019 (MLN): The Government of Pakistan has reiterated its commitment to ensure the completion of the action plan in a timely manner by taking all necessary measures. According to a statement issued by
June 21, 2019 (MLN): Thailand Board of Investment (BOI)’s delegation visited KPT Head Office and held meeting with the Chairman KPT Rear Admiral Jamil Akhtar HI (M), T.Bt to explore opportunities for the Thai investments
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